Different approach to BTC investing

Hello fellow sythers,

I think most of us agree that Bitcoin or cryptocurrencies as a whole are revolutionary. However it doesn't mean that if you invest directly into particular cryptocurrency you will be profitable.

Lately I heard quite different approach on BTC investing from interviews with Czech economist Dominik Stroukal and I would like to share it with you

Basically he suggests that people should not invest directly into BTC, but rather invest in Bitcoin technology and people behind it. Ideas such as hardware pockets or blockchain technology. He believes that these guys are highly inovative, create new ideas and investing in their projects can be highly profitable.

What do you guys think? Share your opinion with us. Do you know any publicly traded BTC startups? if so post a ticker ^_^

 

I don't think BTC is meant to be invested in as a currency in itself, rather the technology behind it is valuable. So in that way I guess you could say I'd agree with Stroukal. If you do have BTC you should be using it, that's the point

Not knowledgeable about the matter but will btc still uphold its value if there aren't invesetors in the crypto currency?

 

I think it will become less volatile since more and more people use it for shoping rather than investing, but this is a slow proces and to answer you directly: I don't expect stable price anytime soon. It is still subject of speculations. It's just my opinion though. You shouldn't rely on that. I'm not sure, but maybe there are threads related to this topic.

 

[Superfluous]

literally been saying this on sythe for the last two years. check any of the old "should i invest in btc?" threads.

i think he's right, in case you were wondering

 

[Wanted]

I honestly would never invest in BTC, at this present moment - you never know what the government will do. Invest in Gold with BTC.

 

[KwikEGold]

I honestly would never invest in BTC, at this present moment - you never know what the government will do. Invest in Gold with BTC.

the government? I highly doubt they'll make an international law on bitcoin.

I have around $3-4k invested into Bitcoin, I think it's doing fantastic right now.

Hopefully it goes up, though.

 

[Soil]

The question at hand would be, what's the rate of return / liability that rests on investment.

And this is all in all totally different from btc investing your moving into corporate investment.